When you contribute to your SIPP, your contribution is usually eligible for basic rate tax relief from the HMRC. This means that for every £80 you contribute, £20 is typically added, making a total contribution of £100 in your pension. We claim this tax relief from HMRC on your behalf.

When you make a contribution, a pending tax relief entry will appear in your account to show the expected amount, but this is not guaranteed until HMRC confirms and pays it. Tax relief payments typically take around 6–11 weeks to be received from HMRC and added to your Quilter Invest SIPP. HMRC processing times may vary.

If your contribution is made via an auto deposit, any tax relief received may also be automatically invested if you have auto investments set up. The tax relief will be allocated in the same proportions as your auto investment instructions, with any remaining allocated to cash.

Tax relief depends on your individual circumstances and the amount you are eligible to contribute to a pension. You are responsible for ensuring your contributions are eligible for tax relief, including making sure your total contributions across all of your pensions stay within annual limits based on your income.

If you pay higher or additional rate tax, you may be able to claim extra tax relief through your self-assessment tax return.
Tax rules may change in the future.